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Burger King | University Location | 12.5 Yrs 504 N Main St 3,442 SF Retail Building Tuskegee, AL 36083 $1,610,000 ($467.75/SF) 7% Cap Rate
Investment Highlights
- Franchisee Guaranteed Lease (40+ Units) | Scheduled Rental Increases | Healthy Rent-to-Sales
- Tuskegee University (2,800+ Students) | VA Medical Center - Tuskegee
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• Bulldogs Restaurants, LLC (40+ units) guaranteed lease | Bulldog Restaurants, LLC is a subsidiary of of Starboard Investments, which is an operator of 50+ Jimmy Johns and 40+ Burger Kings | Speak with Agent for details
• 12.5 years of initial term remaining
• Healthy rent-to-sales ratio at sub-8.50% in 2025 | Speak with Agent for details
• The lease features 5% rental increases every 5 years throughout the initial term
• 12.5 years of initial term remaining
• Healthy rent-to-sales ratio at sub-8.50% in 2025 | Speak with Agent for details
• The lease features 5% rental increases every 5 years throughout the initial term
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,442 SF
Building Class
C
Year Built/Renovated
1979/2013
Price
$1,610,000
Price Per SF
$467.75
Cap Rate
7%
NOI
$112,706
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.91 AC
Zoning
583 - Restaurant, Fast Food
Parking
48 Spaces (14.25 Spaces per 1,000 SF Leased)
Frontage
200’ on North Main Street
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Burger King began in 1954 as a fast-food hamburger chain and built its identity around flame-grilled burgers and the Whopper sandwich. The business grew through franchising and expanded from its early U.S. roots into a widely recognized quick-service restaurant brand. Burger King offers a broad menu that includes burgers, chicken items, breakfast foods, sides, desserts, and beverages. The company remains focused on affordable, convenient dining within the global fast-food market.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-09-30-3-002-015-0020 | Improvements Assessment | $115,148 |
| Land Assessment | $15,876 | Total Assessment | $131,024 |
Property Taxes
Parcel Number
07-09-30-3-002-015-0020
Land Assessment
$15,876
Improvements Assessment
$115,148
Total Assessment
$131,024
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Burger King | University Location | 12.5 Yrs | 504 N Main St
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